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[Reuters] Wall Street drops after weak Chinese data; Tariff deadline looms [Reuters] Stocks whacked as China export decline highlights trade war damage [Reuters] China says hopes it can reach trade agreement with U.S. as soon as possible [UK Guardian] China tells government offices to remove all foreign computer equipment [Reuters] Swelling U.S. IPO backlog points […]
[Reuters] China November exports fall, but import growth hints of recovering demand [AP] China’s trade with US sinks in November amid tariff war [Reuters] China’s potential growth below 6% over next five years: central bank adviser [Reuters] Hong Kong sees biggest protests since democrats’ election boost [Bloomberg] The Shock and Awe Era for Central Banks […]
[Reuters] Wall Street Week Ahead: Tariff deadline keeps focus on trade as 2019 draws to close [Reuters] China’s November forex reserves ease to $3.096 trillion, focus stays on trade talks [Reuters] Trump calls for World Bank to stop loaning to China [Reuters] China’s top diplomat tells Pompeo U.S. should stop interfering in China’s internal affairs […]
Dr. Bernanke has referred to the understanding of the forces behind the Great Depression as the “Holy Grail of Economics.” But was the Great Depression chiefly the consequence of post-crash policy mistakes, as conventional thinking has come profess? Was it really a case of the Federal Reserve having grossly failed in its responsibility to expand […]
Here’s the news of the week – and how we see it here at McAlvany Wealth Management: The Worm Begins to Turn for Unloved Sectors The “Santa Claus” rally appears to be upon us as we roll into the holidays and year-end. Today we saw much-better-than-anticipated jobs and wage growth numbers for the month of […]
[Reuters] ‘Moving right along’? Shares nudge up after Trump trade talk [Reuters] Oil drops as market awaits ratification of OPEC+ supply cut [AP] China waiving tariff hikes on US soybeans, pork [Reuters] Saudi, Russia win over oil producers to deeper cuts [Reuters] Fed voters a less-hawkish bunch in 2020, lowering bar for U.S. rate cut […]
China Trade deal delay as Trump hints that there may not be a deal struck prior to the 2020 election. Equities markets fall after Thanksgiving as DOW Transports signal further decline. Has gold already put in its December low leading into 2020? We’ll cover the price movements of gold, silver, platinum, palladium, the equities markets, […]
[Reuters] Stocks keep the faith, sterling gallops higher [Reuters] OPEC and allies prepare to deepen oil output cuts [Reuters] China maintains tariffs must be reduced for phase one trade deal with U.S. [CNBC] China gives little indication US trade talks are progressing [Reuters] Beijing envoy warns of ‘destructive forces’ trying to undermine U.S.-China ties [Reuters] […]
